
AI Grant
Description
AI Grant is a distinctive non-profit organization established to foster cutting-edge artificial intelligence research and development. Co-founded by prominent figures Nat Friedman and Daniel Gross, it operates as a distributed AI research lab, providing crucial support to brilliant minds working on transformative AI projects. Unlike traditional venture capital firms, AI Grant focuses on offering non-dilutive grants, meaning they do not take equity in the projects they fund. This model is designed to empower researchers and developers by removing the financial pressures often associated with early-stage startup funding, allowing them to concentrate solely on innovation.
The organization is known for its substantial financial commitments to promising AI endeavors. While a typical first grant often stands at $250,000, AI Grant has demonstrated flexibility, with some exceptional projects receiving grants up to $1,000,000. Beyond direct capital, recipients also gain access to invaluable resources such as significant compute credits, expert mentorship from industry leaders, and a vibrant community of fellow AI innovators. This comprehensive support system is tailored to accelerate the development of foundational AI models and applications, particularly those in their pre-seed or seed stages.
Since its inception, AI Grant has made a significant impact on the AI ecosystem. The organization has reportedly disbursed over $50 million in grants across hundreds of projects, demonstrating its commitment to nurturing a wide array of AI initiatives. Its initial funding of $10 million from its founders underscored a strong belief in the non-dilutive grant model as a catalyst for groundbreaking AI advancements. By prioritizing research and development over equity stakes, AI Grant plays a unique and vital role in pushing the boundaries of artificial intelligence, fostering an environment where high-risk, high-reward projects can thrive without the immediate pressures of commercialization.
Investor Profile
AI Grant has backed more than 21 startups, with 9 new investments in the last 12 months alone. The firm has led 1 rounds, about 5% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in United States, France.
- Strong thematic focus on Artificial Intelligence (AI), Software, Information Technology.
- Led 1 rounds in the past year.
- Typical check size: $250K – $1M.
Stage Focus
- Seed (67%)
- Pre Seed (10%)
- Series A (10%)
- Series Unknown (5%)
- Grant (5%)
- Series B (5%)
Country Focus
- United States (86%)
- France (5%)
Industry Focus
- Artificial Intelligence (Ai)
- Software
- Information Technology
- E-commerce
- Generative Ai
- Cloud Infrastructure
- Developer Apis
- Machine Learning
- Video
- Speech Recognition
Frequently Asked Questions
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